Section 229 — Injury Prevention, Rehabilitation, and Compensation Act 2001: Levy categories and rates

229 Levy categories and rates (1) For the purposes of this section, regulations made under this Act may— (a) prescribe levies in relation to treatment injury: (b) prescribe classes of persons or organisations who are liable to pay levies under this section: (c) define those classes according to the profession concerned, the nature of the employment of the professional, any areas of specialisation, any areas in which the person does not practise, or on any other basis specified in the regulations. (2) Levies are payable by such persons or classes of persons or organisations as may be specified for the purpose by regulations made under this Act, and those levies are payable at a rate or rates prescribed by the regulations. (3) If levies are so payable, the levies must be calculated so that the cost of all claims (of the type covered by the levy) under the Treatment Injury Account is to be fully funded, unless the Minister otherwise directs under section 270 . (4) Claims referred to in subsection (3) do not include treatment injury suffered before the prescribed date from which premiums become payable under this section. (5) A levy must relate to a prescribed period. Compare: 1998 No 114 s 297 Subsection (1)(a) was substituted, as from 1 July 2005, by section 41(1) Injury Prevention, Rehabilitation, and Compensation Amendment Act (No 2) 2005 (2005 No 45). Subsection (3) was amended, as from 1 April 2007, by section 13(1) Injury Prevention, Rehabilitation, and Compensation Amendment Act 2007 (2007 No 8) by substituting “ Treatment Injury Account ” for “ Medical Misadventure Account ” . See sections 14 to 16 of that Act for the transitional provisions. Subsection (4) was amended, as from 1 July 2005, by section 41(2) Injury Prevention, Rehabilitation, and Compensation Amendment Act (No 2) 2005 (2005 No 45) by substituting “ treatment ” for “ medical misadventure ” .